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Durable goods orders fall unexpectedly in October

Originally published: November 25, 2009 1:39 PM
Updated: November 25, 2009 1:43 PM
By The Associated Press  JEANNINE AVERSA (AP Economics Writer)

Quick ReadOrders for costly manufactured goods drop unexpectedly in October, weighed down by defense

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WASHINGTON (AP) — Orders for big-ticket factory goods fell unexpectedly in October as the economy struggles to get back to full health.

The Commerce Department said Wednesday that orders for costly manufactured goods dropped 0.6 percent last month, following a 2 percent gain in September. It marked the first decline since August.

But much of October's weakness came from an 18.4 percent...

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